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Data Storage Corp - DTST STOCK NEWS

Welcome to our dedicated page for Data Storage news (Ticker: DTST), a resource for investors and traders seeking the latest updates and insights on Data Storage stock.

Overview

Data Storage Corporation (DTST) has been dedicated to providing reliable, secure, and protected data solutions since its formation in 2001. As an innovative provider of managed cloud hosting, disaster recovery, and cybersecurity services, the company is committed to ensuring that organizations have robust mechanisms in place for data protection and seamless business continuity. Featuring a rich portfolio of cloud computing solutions, DTST caters to the emerging needs of a multi-billion-dollar global market with a focus on secure, resilient and recoverable IT systems.

Core Services and Solutions

At the heart of Data Storage Corporation's operations is a comprehensive suite of services designed to support and protect enterprise data. The company delivers fully managed solutions that include:

  • Cloud Hosting and Managed Cloud Services: Offering scalable and flexible cloud environments that integrate with top-tier providers such as AWS, Microsoft Azure, and Google Cloud, ensuring that organizations can transition seamlessly to a multi-cloud strategy.
  • Disaster Recovery and Virtualized System Recovery: Ensuring rapid system restoration and minimal downtime through sophisticated replication and backup solutions that include continuous data protection and data de-duplication technologies.
  • Cybersecurity and Compliance Solutions: Enabling robust data security measures that safeguard against threats while ensuring regulatory compliance, from email archival and e-discovery solutions to proactive compliance and audit capabilities.
  • IT Automation and Infrastructure Services: Boosting operational efficiency through automation, monitoring, and streamlined data center integrations that facilitate smooth IT transformations across enterprises.

Business Model and Revenue Generation

Data Storage Corporation generates its revenues primarily through recurring subscription-based models. The company leverages its specialized segments, such as CloudFirst Technologies, Nexxis Inc, and Flagship Solutions, to cater to distinct aspects of the IT and data protection markets. This diversified structure allows DTST to efficiently allocate resources between high reliability, secure cloud services and comprehensive disaster recovery offerings. Further, by offering integrated service packages, the firm provides value-driven solutions that assist clients in minimizing downtime and maintaining operational resilience.

Technological Excellence and Integration

The company prides itself on a strategic approach to technology investments and infrastructure upgrades. With regional data centers across North America, Data Storage Corporation ensures localized management of distributed workloads and a high level of service sustainability. Its technological prowess is apparent in the implementation of advanced data replication systems, virtualization technologies, and data de-duplication methods that collectively reduce operational risks and streamline IT processes. This expertise in managing multi-cloud environments allows the company to facilitate rapid deployment of recovery solutions while ensuring tight integration with leading hyperscale cloud providers.

Market Position and Competitive Landscape

Positioned as a notable player within the business continuity and cloud hosting sectors, DTST holds a competitive place in a rapidly evolving market. Its comprehensive service offerings, which include robust IT automation and disaster recovery capabilities, distinguish it from companies with more limited solution sets. By focusing on secure and recoverable infrastructures, Data Storage Corporation meets a critical need for organizations looking to lower costs while enhancing control over their data environments. The company’s multi-faceted business model and its ability to integrate complex IT systems place it in a unique position against competitors who may offer more siloed services.

Client Industries and Global Operations

Data Storage Corporation serves a wide array of client sectors including government, education, healthcare, and large-scale enterprises. Its solutions are finely tuned to accommodate the specific requirements of environments that demand high levels of data security and regulatory compliance. DTST’s global outreach, supported by advanced integration strategies, enables the company to manage a diverse portfolio of clients—from Fortune 500 companies to specialized niche sectors—ensuring that each receives tailored support in managing their data assets. This dedication to service across a spectrum of industries adds depth and versatility to the company’s overall market approach.

Commitment to Security and Regulatory Compliance

Security, compliance, and business continuity form the backbone of Data Storage Corporation’s value proposition. The company employs a variety of technical safeguards designed to preserve data integrity and protect sensitive information from cyber threats. Through email archival and e-discovery solutions, continuous data protection, and virtualized recovery services, DTST empowers organizations to maintain resilient IT operations even in the face of adverse events. By ensuring rigorous adherence to compliance standards, the company not only helps clients mitigate operational risks but also supports them in meeting stringent regulatory requirements.

Operational Excellence and Integration with Hyperscale Providers

Leveraging its advanced technical infrastructure, Data Storage Corporation excels in delivering end-to-end IT solutions that are both secure and efficient. The company’s expertise in upgrading and integrating server infrastructures — often involving assessments of legacy systems and tailored transition strategies — underscores its commitment to operational excellence. Its strategic partnerships with major cloud providers enhance its ability to optimize workloads, ensure system scalability, and ultimately reduce the risk of downtime. This operational rigor, combined with a focus on continuous improvement, sets DTST apart as a provider capable of managing complex IT landscapes.

Insight into the Company’s Service Model

Data Storage Corporation’s service model is designed to offer predictable, recurring revenue streams while delivering tangible benefits in data security and business continuity. Clients benefit from a holistic approach to IT management that encompasses:

  • Proactive monitoring and rapid response mechanisms for disaster recovery.
  • Expert-driven consultations to tailor infrastructure upgrades and optimize IT performance.
  • Integrated compliance solutions that simplify regulatory reporting and audit processes.
  • Flexible, scalable cloud hosting options that grow alongside client needs.

Expertise in Data Protection and Business Continuity

By continuously adapting to the evolving needs of the digital landscape, DTST demonstrates a blend of technical expertise and strategic insight that is critical in today’s competitive market. Its comprehensive portfolio is underpinned by technologies that prioritize high availability, ensuring that data can be recovered promptly and efficiently regardless of the complexity of IT environments. The company’s operational strategy, built on the pillars of secure cloud hosting and resilient disaster recovery, illustrates its commitment to maintaining high standards of excellence in data protection.

Conclusion

In summary, Data Storage Corporation (DTST) offers a robust and multifaceted technological platform designed to secure organizational data and support business continuity. The company’s focus on secure cloud hosting, disaster recovery, cybersecurity, and IT automation empowers enterprises to navigate complex IT challenges confidently. With a strong emphasis on data protection, compliance, and operational excellence, DTST stands as a pivotal resource for organizations seeking to mitigate downtime and minimize risks associated with data loss. By integrating advanced technologies with a clear understanding of diverse industry requirements, Data Storage Corporation continues to safeguard the digital infrastructure of a wide range of clients, thereby reinforcing its role as a trusted provider in a dynamic market landscape.

This detailed overview is intended to provide a comprehensive understanding of Data Storage Corporation’s operations, business model, market environment, and technological capabilities. With a persistent commitment to security, compliance, and excellence in service delivery, DTST remains a reliable resource for enterprises seeking to enhance their cloud infrastructure and disaster recovery strategies.

Rhea-AI Summary

Data Storage Corporation (Nasdaq: DTST) announced that CEO Chuck Piluso will participate in the Benzinga All Access event on April 20, 2023, at 11:00 AM Eastern Time. This event, which can be viewed live here, blends interviews with investor presentations, showcasing insights from executives across various sectors. Data Storage Corporation specializes in business continuity solutions, including disaster recovery, cloud infrastructure, and cybersecurity services, catering to a diverse clientele from industries like government, education, and healthcare. The company is recognized as a leader in the growing business continuity market, leveraging subscriptions to ensure stable revenue streams. For more details, visit their official website here.

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Data Storage Corporation (Nasdaq: DTST) reported a robust financial performance for the year ended December 31, 2022, achieving a 60% increase in revenue to $23.9 million. The CloudFirst subsidiary generated $11.5 million in revenue with a 27% EBITDA margin and $1.9 million in net income. CEO Chuck Piluso emphasized strategic initiatives aimed at growth, focusing on recurring revenue streams and cybersecurity services. The company maintains a strong balance sheet with $11.3 million in cash and short-term investments, positioning itself as a market leader in cloud-based solutions. A conference call is scheduled for March 31, 2023, to discuss these results further.

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Data Storage Corporation (Nasdaq: DTST) announced plans to host a conference call on March 31, 2023, at 10:00 am ET to discuss its financial results for the fiscal year ending December 31, 2022. Investors can join the call by dial-in or via a webcast available on the company's website. Additionally, a replay will be accessible through March 31, 2024. Data Storage Corporation specializes in business continuity solutions, cyber-security, and cloud infrastructure services for a diverse clientele, including Fortune 500 companies across various sectors like government and healthcare. Further details can be found at www.dtst.com.

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Data Storage Corporation (NASDAQ:DTST) will present at the MicroCap Rodeo's Third Annual Winter Wonderland Best Ideas Virtual Investor Conference from February 21-24, 2023. CEO Chuck Piluso is scheduled to speak on February 22, 2023, at 10:30 a.m. ET. The presentation will be available for live webcast and replay. Piluso will also hold one-on-one meetings with qualified investors during the event. This conference features the top 37 companies recommended by institutional investors as their best ideas, focusing on the multi-billion-dollar business continuity market.

For more details, please visit www.dtst.com.

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Data Storage Corporation (Nasdaq: DTST) reported strong financial results for Q3 2022, with revenues rising 14% year-over-year to $4.4 million. Year-to-date revenue reached $17.9 million, an 80% increase compared to the same period in 2021. The company continues to expand its multi-cloud IT solutions and is focused on securing high-margin, subscription-based contracts. With over $11 million in cash, DSC is well-positioned to invest in growth and improve profitability, aided by operational streamlining and management realignment.

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Data Storage Corporation (Nasdaq: DTST) will host a conference call on November 15, 2022, at 10:00 am ET to discuss its third-quarter financial results for the period ending September 30, 2022. The call can be accessed via telephone or through a webcast. Data Storage Corporation offers a range of solutions including cloud infrastructure, disaster recovery, and cyber security, catering to various sectors including government and healthcare. Webcast replays will be available on the company’s website for a year after the call.

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Data Storage Corporation (Nasdaq: DTST) announced a management and operational realignment aimed at enhancing profitability and gross margins. The initiative includes centralizing service delivery and sales engineering teams, which is expected to improve the utilization of technical resources and expand client proposal tools across the sales team. Additionally, a focus on direct sales and international programs is set to boost recurring revenue and overall infrastructure solutions. Changes in leadership were also noted, with the appointment of Thomas Kempster as CEO of the Flagship subsidiary.

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Data Storage Corporation (Nasdaq: DTST) has achieved ISO/IEC 27001:2013 certification for its CloudFirst and Nexxis divisions. This certification, awarded by A-LIGN, confirms the company's adherence to rigorous international information security standards, ensuring the confidentiality and integrity of its services, including cloud infrastructure and disaster recovery. CEO Chuck Piluso emphasized that this milestone not only validates internal security protocols but also enhances customer engagements. The certification reflects Data Storage Corporation's ongoing commitment to data security in a landscape demanding high standards.

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Data Storage Corporation (DTST) announced its second-quarter results on August 11, 2022, reporting a 37% revenue increase year-over-year and a remarkable 121% growth for the first half of 2022. Notably, subscription-based services rose 47% in Q2. The company achieved positive EBITDA, backed by over $11 million in cash and no long-term debt, enhancing its financial stability. Management highlighted opportunities in cloud migration for IBM Power infrastructure as a growth driver. A conference call to discuss results was also scheduled for the same day.

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Data Storage Corporation (DTST) will host a conference call on August 11, 2022, at 10:00 am ET to discuss its second-quarter financial results for the period ending June 30, 2022, and other corporate updates. The call can be accessed via telephone or webcast. The Company provides business continuity solutions from multiple data centers in the USA and Canada, focusing on cloud infrastructure, disaster recovery, and cybersecurity services. More details can be found on their official website.

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FAQ

What is the current stock price of Data Storage (DTST)?

The current stock price of Data Storage (DTST) is $3.64 as of April 22, 2025.

What is the market cap of Data Storage (DTST)?

The market cap of Data Storage (DTST) is approximately 25.2M.

What core services does Data Storage Corporation provide?

Data Storage Corporation offers managed cloud hosting, disaster recovery, cybersecurity, IT automation, and data protection services designed to ensure business continuity and secure IT infrastructures.

How does DTST generate revenue?

The company operates primarily on a subscription-based revenue model, leveraging integrated service packages across its various segments to offer predictable, recurring revenue through managed IT solutions.

What industries does DTST serve?

DTST serves a diverse client base including government agencies, educational institutions, healthcare organizations, and large enterprises, including Fortune 500 companies, with tailored IT and data protection solutions.

How does DTST ensure data security and compliance?

The company employs advanced cybersecurity measures, continuous data protection, email archival, and e-discovery solutions that help maintain high levels of security and regulatory compliance across all client systems.

What differentiates DTST from its competitors?

DTST distinguishes itself through its comprehensive suite of services, regional data center capabilities, and strong integration with leading hyperscale cloud providers, ensuring secure, scalable, and resilient IT environments.

What is the role of DTST's multi-cloud integration in its service offerings?

The integrated multi-cloud approach allows DTST to provide flexible, scalable cloud hosting solutions that optimize workloads, enhance disaster recovery capabilities, and support seamless IT transformations across diverse client environments.
Data Storage Corp

Nasdaq:DTST

DTST Rankings

DTST Stock Data

25.18M
4.12M
41.7%
11.46%
4.56%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
MELVILLE